Losani Homes Awarded 2008's 50 Best Managed Companies

Privately held, family-run business, Losani Homes is one fo the proud recipients of Canada's 50 Best Managed Companies for 2007. Established in 1993, this prize represents Canada's most prestigious business awards program, recognizing excellence in Canadian-owned and managed companies with revenues exceeding $10 million.

The 50 Best Managed Companies awards are run and sponsored by the National Post newspaper, Queen's School of Business, CIBC Commercial Banking and Deloitte Touche. Thousands of companies compete annually for this coveted award. The judging criteria are based on corporate excellence in categories such as finance, operations, industry leadership and human resources. The applicants had to demonstrate their company's competitive edge, strategic planning, fiscal stability, growth potential and ability to attract and retain top talent. Losani Homes joins the ranks of companies such as Ellis Don, Harry Rosen, PCL Construction, Boston Pizza, Holt Renfrew, Magnotta Wineries, Longo's. Prime Restaurant Group, The Brick, M&M Meats, and Cirque Du Soleil as innovative industry leaders with solid financial acumen and strategic vision.

"We are honoured to be acknowledged for excellence in business and management leadership," reports Fred Losani, C.E.O. of Losani Homes. "We are the only builder in Eastern Canada to have ever received this aware, not once but twice. This award truly is the fruition of the strong vision and corporate philosophy that our family has upheld for over 35 years. We strive for excellence at every level. In fact, our company's motto is: Losani Homes - A Tradition of Excellence," adds Mr. losani. "The quest for excellence influences everything we do. Losani Homes prides itself on astute land acquisitions, exceptionally well-designed lifestyle homes, old-world craftsmanship, artisan trades, superior customer service and financial stability."

"This award is to be shared with our employees, suppliers and even homeowners. Our ability to set goals and achieve them is the result of a dedicated team of professionals who uphold our corporate mandate of excellence - whether they are working in the office or on the job-site," adds Lino Losani, President of Losani Homes.

For over 35 years, Losani HOmes has been active in the low-rise, new homebuilding industry in South Western Ontario with a strong foothold in the Hamilton, Stoney Creek and Niagara regions. A second generation, family-run business; Losani Homes continues to grow as the region's most top-of-mind new homebuilder.

Always lauded for its superior craftsmanship, design innovation and quality master planned residential communities; its homebuilding peers continually acknowledge Losani Homes as an industry leader. Losani Homes continues to build a strong presence in the new home marketplace through strong branding and superior referral and repeat buyer markets.

To date, Losani Homes has been the recipient of 75+ home designs and sales and marketing awards locally, provinically and even nationally. Losani Homes has also been awarded many times the top honours at Hamilton Halton Homebuilder's Associations for Community of the Year, most recently in 2007 and 2008.

2009 promises to be another banner year as Losani Homes continues to expand its markets and sales presence in the Golden Horseshoe.